Kemnay Advisory Services Inc. Acquires Shares of 4,081 FormFactor, Inc. $FORM

Kemnay Advisory Services Inc. acquired a new stake in shares of FormFactor, Inc. (NASDAQ:FORM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,081 shares of the semiconductor company’s stock, valued at approximately $228,000.

Other institutional investors have also bought and sold shares of the company. State of New Jersey Common Pension Fund D increased its position in shares of FormFactor by 24.8% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 76,376 shares of the semiconductor company’s stock valued at $2,782,000 after purchasing an additional 15,186 shares during the last quarter. Shannon River Fund Management LLC purchased a new stake in FormFactor during the 3rd quarter valued at $35,260,000. SG Americas Securities LLC raised its holdings in FormFactor by 1,158.7% during the 4th quarter. SG Americas Securities LLC now owns 175,432 shares of the semiconductor company’s stock valued at $9,786,000 after buying an additional 161,494 shares during the period. Channing Capital Management LLC purchased a new stake in FormFactor during the 3rd quarter valued at $16,909,000. Finally, UBS Group AG raised its holdings in FormFactor by 38.8% during the 4th quarter. UBS Group AG now owns 283,393 shares of the semiconductor company’s stock valued at $15,808,000 after buying an additional 79,240 shares during the period. Institutional investors own 98.76% of the company’s stock.

Insider Buying and Selling

In other FormFactor news, CEO Mike Slessor sold 11,890 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $121.35, for a total value of $1,442,851.50. Following the completion of the sale, the chief executive officer directly owned 435,147 shares of the company’s stock, valued at $52,805,088.45. The trade was a 2.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rebeca Obregon-Jimenez sold 3,828 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $126.47, for a total transaction of $484,127.16. Following the completion of the sale, the director directly owned 7,875 shares of the company’s stock, valued at approximately $995,951.25. This trade represents a 32.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,828 shares of company stock worth $6,306,587 over the last 90 days. Corporate insiders own 0.79% of the company’s stock.

FormFactor Price Performance

FormFactor stock opened at $140.24 on Wednesday. The stock has a market cap of $10.93 billion, a price-to-earnings ratio of 161.20 and a beta of 1.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69. FormFactor, Inc. has a 1 year low of $26.08 and a 1 year high of $159.09. The firm has a 50-day moving average of $131.30 and a two-hundred day moving average of $96.99.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.11. The company had revenue of $226.14 million during the quarter, compared to analysts’ expectations of $225.54 million. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The firm’s quarterly revenue was up 31.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.23 EPS. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. On average, research analysts forecast that FormFactor, Inc. will post 2.03 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Zacks Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. TD Cowen raised their target price on shares of FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a report on Thursday, April 30th. Wall Street Zen upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Stifel Nicolaus set a $135.00 target price on shares of FormFactor in a report on Thursday, April 30th. Finally, Citigroup raised their target price on shares of FormFactor to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $132.45.

FormFactor Profile

FormFactor, Inc (NASDAQ:FORM) is a leading provider of advanced test and measurement solutions for the semiconductor industry. The company specializes in the design, development and manufacture of high-performance wafer-level and package-level test interfaces used in wafer sort, characterization, reliability and failure analysis applications. By leveraging precision microelectromechanical systems (MEMS) and photolithographic processes, FormFactor delivers probe cards, analytical probes and test sockets that enable device makers to validate next-generation integrated circuits across logic, memory, RF, analog and power applications.

FormFactor’s product portfolio includes custom probe cards for wafer probers, TEM-based analytical probes for material and device characterization, and socket solutions for burn-in and final test of packaged devices.